Bitcoin sell pressure reaches one-month low as long-term holders slow down profit taking
Glassnode’s seven-day measure fell to 7 basis points from 16 at August’s peak, while overhead holdings barely moved.
Even full recovery of the frozen funds would leave roughly 17.19 BTC for the community pool to replace.
The September 10 operation triples the prior limit, but accepted purchases and funding conditions will matter more than capacity alone.
September 10, 2026, 5:30 amDogecoin led the losses, BNB fell about 4% and XRP 3%, with oil pushing Treasury yields to their highest since late 2023.
September 10, 2026, 5:30 amGlassnode’s seven-day measure fell to 7 basis points from 16 at August’s peak, while overhead holdings barely moved.
Despite evidence of long-term holders taking profits and selling into bullish strength, the BTC price continued to hold up well above the $76k demand zone.
Bitcoin’s comeback from the mid-August has divided the entire cryptocurrency trading into top performers and underperformers. Since August 17, Bitcoin increased by almost 22%. The exchanges and stablecoin-linked companies have followed suit but it cannot be said the same for miners.
Bitcoin's rally stays spot-driven, but altcoin leverage is repeating the pattern seen before October 2025's crash.
According to Steak ‘n Shake, the decision to accept Bitcoin payments has yielded significant results, with franchise partners seeing a 19% increase in sales this quarter alone. The statement was released in its X post on September 8.
According to reports, cryptocurrency use in Iran is not fringe but a working trade-settlement rail. Tehran is quietly moving funds across these digital rails using bitcoin (BTC) and tether (USDT) to undermine financial sanctions.
Strive's innovative financing strategy enhances its Bitcoin holdings without debt, potentially influencing corporate treasury management trends.
The use of RICO in crypto crime cases signals a tougher legal stance, potentially reshaping enforcement and regulatory frameworks globally.
U.S. crypto ETFs reopened after the Labor Day break with broad selling pressure, as bitcoin, ether, solana, and HYPE funds all posted net outflows. XRP ETFs were the only major category to finish Tuesday in positive territory, drawing $1.55 million.